ECON7006 - Economics of Regulation
The course aims to provide a foundation in the economics of regulation, both in relation to theory and in the development of government policy.
At the end of the course students should have a clear framework for the analysis of government intervention in the industrial and commercial sectors of the economy. The main topics include appraisal of public vs. private ownership, price and rate of return regulation, access pricing and regulation of market entry.
|Assessment:||The course comprises 20 hours of lectures and compulsory tutorial classes with an exercise sheet for each. There will be a 2-hour unseen written examination in Term 3.|
||2nd / 3rd year Economics (L100), Econ/Geog (LL17), Phil/Econ (VL51) and 3rd year Econ/Stats (LG13) and SCORE (GLN0) students.|
|Prerequisites:||ECON1001 or ECON1604 and ECON1004 (or equivalent).|